Mitt Romney’s winning performance in last week’s presidential debate has reinforced his campaign’s belief that this election parallels the one in 1980: In troubled times, Republicans inevitably defeat an unpopular Democratic president.
Oct. 4 (Bloomberg) -- When Amazon.com CEO Jeff Bezos recently called the new Kindle Fire HD “the best tablet at any price,” he ended up triggering a spate of oh-no-it-isn’t reviews.
Yahoo! Inc. investors put off by a stock price that has barely budged this year are urging Chief Executive Officer Marissa Mayer to buy back shares rather than pay a dividend with the $3 billion raised from selling a stake in Alibaba Group Holding Ltd.
Now hiring in Detroit: Scads of software developers and programmers.
Leeco Steel LLC’s fortunes rose even during the Great Recession thanks to a single customer: the burgeoning U.S. wind-energy industry.
Business hiring is holding up, allaying concerns about a U.S. economic downdraft in the face of a looming fiscal cliff.
Two scientists from different generations won the Nobel Prize in medicine Monday for the groundbreaking discovery that cells in the body can be reprogrammed into completely different kinds, work that reflects the mechanism behind cloning and offers an alternative to using embryonic stem cells.
A strong warning from the World Bank that growth in Asia may slow further dragged the price of oil Monday to its lowest close in two months.
American companies should avoid sourcing network equipment from China's two leading technology firms because they pose a national security threat to the United States, the House Intelligence Committee warned Monday.
The overhaul of the U.S. electricity network with technologies to improve efficiency gives hackers new targets for cyber attacks, the head of the University of Southern California Energy Institute said.
New York State Attorney General Eric Schneiderman’s fraud lawsuit against JPMorgan Chase & Co. for the misdeeds that occurred at Bear Stearns Cos. has sent exactly the wrong message to Wall Street: Don’t worry, you can get away with seemingly criminal behavior.
Life science instrument company Affymetrix anticipates that its third-quarter revenue will come in below Wall Street's expectations, as its results were hurt by tighter academic funding conditions globally.
The statewide average price for a gallon of regular gasoline in California rose to an all-time high Monday, the third record-setting day in a row that is prompting calls for a federal investigation into the price spike.
President Barack Obama wants to jump-start a world-class high-speed rail network, but Republican candidate Mitt Romney wants to end Amtrak’s run as a government-controlled, subsidized rail company.
Oct. 8 (Bloomberg) -- Crude declined in New York, widening its discount to Brent to the most in almost a year, after the World Bank said a slowdown in China will curb East Asian growth.
Europe's stock markets fell Monday on concern about the global economy ahead of a two-day meeting of its finance ministers and a cut in the World Bank's growth forecasts for Asia.
Oct. 8 (Bloomberg) -- Crude fell for a second day in New York before a meeting of European officials amid speculation the region’s debt crisis and an economic slowdown in Asia will curb fuel demand.
Rumbling into its final four weeks, the presidential campaign is playing out on both coasts and multiple fronts, with Republican Mitt Romney seeking stature on foreign affairs and President Barack Obama raising political cash by the millions.
A commercial cargo ship rocketed into orbit Sunday in pursuit of the International Space Station, the first of a dozen supply runs under a mega-contract with NASA.
Greek police have increased security and are preparing to close down large sections of the capital Athens to contain protests against Germany's Chancellor, Angela Merkel, who is visiting the city Tuesday for talks with the country's Prime Minister Antonis Samaras.
Like many of St. George's 1,200 residents, the paralegal had dreaded the thought of having to pay more taxes for a backlog of road fixes. So she campaigned for mayor in the spring of 2011 with a slogan _ “Save Us From Our City” -- touting disincorporation. She won, and the following November residents voted by nearly 3-to-1 to dissolve the town.
A former bank executive working to hasten a resolution to hundreds of foreclosure disputes in Rhode Island's federal courts calls the mortgage crisis a “Gordian knot” and says debt forgiveness needs to be part of the solution.
State air pollution regulators said Monday that California's air quality is not expected to worsen appreciably after the governor ordered the release of a dirtier blend of gasoline to help slash record-high pump prices.
Oct. 8 (Bloomberg) -- Venture-capital funding for the solar-power industry fell 81 percent to $72 million in the third quarter, the lowest since 2008, according to a report by Mercom Capital Group LLC.
A European Union diplomat says Portugal's international creditors have agreed to give the country the next slice of its rescue loans, worth (euro) 4.3 billion ($5.57 billion).
Wal-Mart Stores and American Express are teaming up on a reloadable prepaid card for shoppers.
EU Commission President Jose Manuel Barroso urged political leaders in Cyprus on Monday to agree on austerity measures needed for a deal to bail out its ailing banks and to help the cash-strapped government cover its expenses.
Oct. 8 (Bloomberg) -- The euro broke a seven-day stretch of gains versus the yen as regional finance ministers prepared to meet in Luxembourg today amid speculation Spain is struggling to avoid a sovereign bailout request.
YouTube is extending its original programming initiative into Europe, with at least 60 new video channels from media companies including Britain's BBC, London-based FreemantleMedia and the Netherland's Endemol.
Oct. 8 (Bloomberg) -- Gold fell for a second day in New York as some investors sold the metal after its rally to the highest in almost 11 months and as a stronger dollar curbed demand for an alternative investment.
Oct. 8 (Bloomberg) -- The World Bank said policy makers in Asia’s emerging economies have room to provide more fiscal stimulus as China’s slowdown drags the region’s growth to an estimated 11-year low in 2012.
Lockheed Martin is reorganizing a portion of its business and cutting about 200 jobs.
CNN says it is starting a new unit to make feature-length documentaries to show both on television and in movies theaters.
McLEAN, Va. (AP) -- Dish and Gannett say they have reached an agreement in a fee dispute that had threatened to leave more than 2 million Dish subscribers in 19 cities without access to local television stations owned by Gannett.
Oct. 8 (Bloomberg) -- Life Technologies Corp., maker of the Ion Torrent line of DNA sequencers, bought Compendia Bioscience Inc. to help cancer doctors connect gene mutations with available treatments.
“Pirate101,” the follow-up to the popular, free online kids' game “Wizard101,” is launching to the general public on Oct. 15, after having given access to paying players Monday.
Oct. 8 (Bloomberg) -- Tinkoff Credit Systems delayed its potential initial public offering as the Russian consumer lender also considers putting itself up for sale to a company such as Google Inc.
TPC Group, which makes fuel, rubber and other products from petrochemicals, says it has received a higher buyout offer than it has already accepted from another suitor. Its shares jumped 11 percent.
Oct. 8 (Bloomberg) -- Eli Lilly & Co. is betting on a “broad” range of diabetes products including pills, insulins and a once-a-week treatment to take on bigger competitors, said Enrique Conterno, president of Lilly Diabetes.
Company officials say a computer problem is causing significant delays for all Alaska Airlines flights.
Progress Software Corp. said Monday that Jay Bhatt, its president, CEO and board member, is resigning to lead another software firm.
President Hugo Chavez put to rest any doubts about his masterful political touch in winning a third consecutive six-year term after a bitterly fought race against a youthful rival who has galvanized Venezuela's opposition.
A think tank that often briefs Congress and other branches of the U.S. government on Iran's nuclear program says Tehran could produce enough weapons-grade uranium to arm a nuclear warhead within two to four months.
A private equity investment group has bought The Tampa Tribune newspaper from Media General Inc. for $9.5 million, the newspaper reported Monday.
Republican Senate candidate John Raese filled in wetlands and damaged more than 2 miles of streams when he rerouted them to create waterfalls on a private, 18-hole West Virginia golf course that federal regulators say he built without the required permits.
Iran says it has successfully blocked a cyberattack on the computer network of its offshore drilling platforms, a semiofficial news agency reported Monday.